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Apems Launches Product to Revolutionize AGMs

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Home Tech News Africa Tech News

Apems Launches Product to Revolutionize AGMs

Felicia Akindurodoye by Felicia Akindurodoye
March 30, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Innovation, Startups, Tech News, Technology
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Apems logo and name

Apems logo and name

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Apems has announced the release of a ground-breaking new product feature that could manage all of its customer AGMs. The startup is a leading supplier of hybrid event management systems in Nigeria.

This declaration follows the recent revision of the Companies and Allied Matters Act (CAMA) 2020. Public Limited Companies (PLCs) in Nigeria are now able to convene their annual general meetings online as a result of this reform.

President Muhammadu Buhari signed the Business Facilitation (Miscellaneous Provisions) Act 2023 into law on February 13, 2023, allowing public firms in Nigeria to now hold their annual general meetings.

Until this time, public firms in Nigeria had to request the Corporate Affairs Commission’s express approval in order to convene their annual general meetings.

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Since it enables shareholders to participate and engage in annual general meetings electronically and seamlessly, Apems is a game-changer for AGMs.

Due to the move towards electronic notices and voting, Apems ensures that shareholders may easily participate in the decision-making process and follow the proceedings of the meetings of the firms in which they have invested from any location in the globe.

This removes obstacles brought on by national and international borders.

Read also: Huawei Launches ‘‘Non Stop Banking’ Project For Africa

Remarks on Apems’ Launch

The product lead for Apems said, “We are excited to launch Apems, a product that revolutionizes the way annual general meetings are conducted in Nigeria,” 

“We believe that Apems will enable PLCs to engage their shareholders in a more inclusive manner and attract foreign investors, ultimately driving growth in the Nigerian economy.”

The International Consortium of Standards and Accreditation Bodies (ICSAN) has expressed its gratitude to the National Assembly for the new amendment and stated that the move would result in a reduction of costs brought about by the elimination of the requirement for large and extensive physical venues. It will ensure that these savings are maximised while also enhancing the efficiency and productivity of the AGM process. This can be accomplished through the utilisation of the new product.

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About Apems

Apems is a major provider of hybrid event management solutions that offers a variety of services to its clients. These services include event marketing, event technology, and both virtual and in-person events. The company offers comprehensive solutions to its customers, which increase engagement, increase attendance, and improve return on investment.

Apems and its customers have both made considerable progress thanks to the company’s recent introduction of Apems. It is the best answer for businesses that want to successfully conduct their AGMs while minimising the costs associated with doing so because of the wide variety of features and customization possibilities that it offers. The product is immediately available, and businesses that are interested in additional information about it can get in touch with them directly.

Tags: Apems
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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